NOT LISTED FOR SALE

307 Chadwick Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $605,000 - $903,000

-- Bed
-- Bath
2,904 Sq Ft
$250/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $365,000 $126 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,997/month

19 Days on Market

About This Home

As of September 2020

This home is located at 307 Chadwick Ave, Newark, NJ 07112 since 27 May 2020 and is currently estimated at $725,209, approximately $249 per square foot. This property was built in 1910. 307 Chadwick Ave is a home located in Essex County with nearby schools including Belmont Runyon School, Hawthorne Avenue Elementary School, and Peshine Avenue Elementary School.

Last Agent to Sell the Property

Joaquim Ferreira

CORNERSTONE REALTY ASSOCIATES Brokerage Phone: 973-856-6900 Listed on: 05/27/2020

Last Buyer's Agent

Wenner Nunes

KELLER WILLIAMS PARK VIEWS

KELLER WILLIAMS PARK VIEWS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,113

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,113

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • County Name: Essex
  • Street Number Display: 307
  • I D: 4973634
  • Modified: 2021-09-12
  • Number Images: 1
  • Attribution Contact: 973-856-6900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2023
Sold by
307 Chadwick Bsd Llc
Bought by
Oberlander Freida
Total Days on Market
19
Current Estimated Value
$725,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Outstanding Balance
$536,092
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$163,012

Purchase Details

Listed on
May 27, 2020
Closed on
Sep 11, 2020
Sold by
307 Chadwick Llc
Bought by
Fernandes Michael B
Seller's Agent
Joaquim Ferreira
CORNERSTONE REALTY ASSOCIATES
Buyer's Agent
Wenner Nunes
KELLER WILLIAMS PARK VIEWS
List Price
$349,900
Sold Price
$365,000
Premium/Discount to List
$15,100
4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.73%
Original Mortgage
$393,623
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 2011
Sold by
North Jersey Reo Llc
Bought by
307 Chadwick Llc

Purchase Details

Closed on
Oct 18, 2010
Sold by
U S Bank National Association
Bought by
North Jersey Reo Llc

Purchase Details

Closed on
Jul 15, 2009
Sold by
Jackson Rahim
Bought by
Us Bank National Association

Purchase Details

Closed on
Sep 21, 2006
Sold by
Hatcher Carla
Bought by
Jackson Rahim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 31, 2000
Sold by
Rll Investment
Bought by
Hatcher Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,798
Interest Rate
8.21%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 1999
Sold by
Bank Of Ny
Bought by
Rll Invest

Purchase Details

Closed on
Apr 6, 1993
Sold by
Koburov Asen
Bought by
Hegab Realty Inc
Source: Public Records

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Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oberlander Freida -- Universal Title
Fernandes Michael B $365,000 Chicago Title Insurance Co
307 Chadwick Llc $75,000 None Available
North Jersey Reo Llc $50,000 The Security Title Guarantee
Us Bank National Association -- Land Title Svcs Of Nj Inc
Jackson Rahim $245,000 --
Hatcher Carla $147,000 --
Rll Invest $50,500 --
Hegab Realty Inc $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oberlander Freida $543,750
Closed Oberlander Freida $543,750
Previous Owner Fernandes Michael B $393,623
Previous Owner Jackson Rahim $196,000
Previous Owner Hatcher Carla $145,798
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $365,000 +4.3% $126 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $349,900 -- $120 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,113 $298,100 $22,300 $275,800
2022 $11,137 $298,100 $22,300 $275,800
2021 $11,131 $298,100 $22,300 $275,800
2020 $3,481 $91,600 $22,300 $69,300
2019 $3,445 $91,600 $22,300 $69,300
2018 $3,383 $91,600 $22,300 $69,300
2017 $3,261 $91,600 $22,300 $69,300
2016 $3,151 $91,600 $22,300 $69,300
2015 $3,031 $91,600 $22,300 $69,300
2014 $2,841 $91,600 $22,300 $69,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joaquim Ferreira

    CORNERSTONE REALTY ASSOCIATES

    (973) 819-7126

    7 in this area

    60 Total Sales

    Joaquim Ferreira
    Section Image
  • Wenner Nunes

    Buyer's Agent in 2020

    Wenner Nunes

    KELLER WILLIAMS PARK VIEWS

    (917) 794-7679

    5 in this area

    200 Total Sales

    Wenner Nunes
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3635333

Garden State MLS

APN: 14-03597-0000-00030

New Jersey Essex County Newark 07112 Weequahic

307 Chadwick Ave, Newark, NJ

This home is located at 307 Chadwick Ave, Newark, NJ 07112 since 27 May 2020 and is currently estimated at $725,209, approximately $249 per square foot. This property was built in 1910. 307 Chadwick Ave is a home located in Essex County with nearby schools including Belmont Runyon School, Hawthorne Avenue Elementary School, and Peshine Avenue Elementary School.

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